Intel (NASDAQ:INTC) Shares Down 11.3% – What’s Next?

Intel Corporation (NASDAQ:INTC)’s share price traded down 11.3% during mid-day trading on Friday . The company traded as low as $98.33 and last traded at $99.17. 141,994,875 shares traded hands during trading, an increase of 18% from the average session volume of 120,025,500 shares. The stock had previously closed at $111.78.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. DA Davidson boosted their target price on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Morgan Stanley boosted their target price on Intel from $56.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Roth Mkm upgraded Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Friday, April 24th. Finally, BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $83.35.

Intel Trading Down 11.3%

The company’s 50 day moving average price is $88.25 and its 200 day moving average price is $58.80. The company has a market cap of $498.43 billion, a price-to-earnings ratio of -159.95 and a beta of 2.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Large investors have recently modified their holdings of the company. iA Global Asset Management Inc. lifted its holdings in shares of Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after buying an additional 86,189 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Intel by 18.3% during the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after buying an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. acquired a new position in shares of Intel during the fourth quarter worth approximately $219,000. Legal & General Group Plc lifted its holdings in shares of Intel by 1.3% during the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after buying an additional 423,481 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.